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The Fifth Risk Hardcover – October 2, 2018

4.4 4.4 out of 5 stars 15,636 ratings

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New York Times Bestseller

What are the consequences if the people given control over our government have no idea how it works?

"The election happened," remembers Elizabeth Sherwood-Randall, then deputy secretary of the Department of Energy. "And then there was radio silence." Across all departments, similar stories were playing out: Trump appointees were few and far between; those that did show up were shockingly uninformed about the functions of their new workplace. Some even threw away the briefing books that had been prepared for them.

Michael Lewis’s brilliant narrative takes us into the engine rooms of a government under attack by its own leaders. In Agriculture the funding of vital programs like food stamps and school lunches is being slashed. The Commerce Department may not have enough staff to conduct the 2020 Census properly. Over at Energy, where international nuclear risk is managed, it’s not clear there will be enough inspectors to track and locate black market uranium before terrorists do.

Willful ignorance plays a role in these looming disasters. If your ambition is to maximize short-term gains without regard to the long-term cost, you are better off not knowing those costs. If you want to preserve your personal immunity to the hard problems, it’s better never to really understand those problems. There is upside to ignorance, and downside to knowledge. Knowledge makes life messier. It makes it a bit more difficult for a person who wishes to shrink the world to a worldview.

If there are dangerous fools in this book, there are also heroes, unsung, of course. They are the linchpins of the system―those public servants whose knowledge, dedication, and proactivity keep the machinery running. Michael Lewis finds them, and he asks them what keeps them up at night.

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4.4 out of 5 stars
15,636 global ratings

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Customers say

Customers find the book engaging and informative about the functions of the government and bureaucracy. They describe the writing style as compelling and conversational. The pacing is described as fast and light. However, some readers feel the book provides an accurate depiction of incompetence and lack of preparedness in the government. There are mixed opinions on the scariness level, with some finding it informative and scary while others consider it disturbing and detailed.

AI-generated from the text of customer reviews

558 customers mention "Readability"533 positive25 negative

Customers find the book engaging and interesting. They appreciate the author's writing style and find it fast-paced. The book covers a wide range of topics, including climate change, and is considered a fun read.

"...Lewis is a story-teller who takes on interesting topics, spinning stories around them as his highly readable, informative narrative style draws the..." Read more

"This was an interesting book. I like Lewis’ writing style. He is able to explain complicated details without getting bogged down by them...." Read more

"...the ability to write clearly, making for a narrative filled with compelling stories, interesting personalities, and enough information to make you..." Read more

"Worth reading." Read more

534 customers mention "Insight"497 positive37 negative

Customers find the book informative about the functions of the government and bureaucracy. They appreciate the thorough research and introduction to people and facets of the government they may not have known about. The book provides relatable statistics and facts without overwhelming the reader. Readers also mention that the interviews showcase the diversity of government missions in lesser-known cabinet agencies.

"...built a system that actually delivers necessary services, improves the national health, protects the environment, and places needed checks on the..." Read more

"...I like Lewis’ writing style. He is able to explain complicated details without getting bogged down by them...." Read more

"...filled with compelling stories, interesting personalities, and enough information to make you feel as though you've been plunged into the deepest..." Read more

"...His interviews showcased the diversity of government missions in the lesser known cabinet agencies of Energy and Commerce and how they affect the..." Read more

247 customers mention "Readable"221 positive26 negative

Customers find the book readable and engaging. They describe the writing as conversational, well-told, and understandable. Readers praise the author's ability to communicate information effectively to a wide range of people.

"...takes on interesting topics, spinning stories around them as his highly readable, informative narrative style draws the reader in, eventually..." Read more

"...skill-set of an accomplished interviewer coupled with the ability to write clearly, making for a narrative filled with compelling stories,..." Read more

"...not appeal to those of a different political outlook, but his ability to talk easily with a wide range of people who have devoted their lives to..." Read more

"...educating us as well as entertaining us with your beautiful way of communicating your information. The research must be monumental...." Read more

101 customers mention "Pacing"71 positive30 negative

Customers find the book's pacing engaging. They describe it as a quick, easy read with an entertaining narrative that draws them in. The prose is clear and the book moves quickly, even though it's only 220 pages long.

"Quick read. Digestible and fluid...." Read more

"...The book is relatively straight forward reading style and is not too long...." Read more

"...hundred pages, thin for a Michael Lewis work, it has the feeling of being somewhat rushed—almost as if the author or publisher wanted to influence..." Read more

"...This short, engrossing, and sometimes hilarious book offers an insider's view of what happened when Trump's appointees took charge of three..." Read more

121 customers mention "Scariness level"66 positive55 negative

Customers have different views on the book's scariness level. Some find it informative and shocking, giving a better appreciation for the enormous risks these departments manage. Others find it disturbing, heavy on facts, and infuriating.

"This is a very scary and marvelously detailed look at the mess resulting from an almost non-existent transition between the Obama and Trump..." Read more

"...Stumbled on it and read it this week. It’s an odd read. Don’t take that the wrong way...." Read more

"...to tread, innovates and creates knowledge, as well as assesses extreme long- term risk...." Read more

"...For those of us that did buy it and actually read it, it was frustratingly scary and drives home the fact that whoever we elect for President MUST..." Read more

100 customers mention "Look"59 positive41 negative

Customers have different views on the book's content. Some find it detailed and insightful, with an easy-to-understand style. Others feel it lacks engagement and is not Lewis' finest work.

"This is a very scary and marvelously detailed look at the mess resulting from an almost non-existent transition between the Obama and Trump..." Read more

"...A massive failure in project management...." Read more

"...Lewis's book is continuously readable, compelling in its clarity and accessibility...." Read more

"...for which Barack Obama has already bought the film rights, is the most succinct yet all-encompassing and dire indictment of the present regime...." Read more

84 customers mention "Political content"46 positive38 negative

Customers have different views on the political content. Some find it informative and patriotic, with solid arguments and clear writing. Others feel the book has an ideological bias and anti-Trump agenda.

"...Lewis shows how commitment, expertise, hard work, and dedication have built a system that actually delivers necessary services, improves the..." Read more

"...Rancor, a lack of civility and derisive descriptions are everywhere. Respect has gone out the window...." Read more

"...departments (especially Agriculture and Energy) and the quiet, determined, focused and energetic workers who populate (or did populate) their upper..." Read more

"...“And yeah, I buy it,” I went on, “he’s right, but it lacks balance...." Read more

57 customers mention "Incompetence"12 positive45 negative

Customers find the book's incompetence to be a major issue. They mention that it's a subpar effort, unprepared, and uninterested. The same incompetence is seen throughout the government. While the book is informative and engaging, it seems incomplete and lacks satisfaction.

"...The same incompetence metastasized throughout the government...." Read more

"...Due to inefficiency, lack of transparency, and the lack of knowledge most Americans have about the federal government, incredible damage has been..." Read more

"...Everyone needs to read this book, but it is too short and simple to learn what we need to learn...." Read more

"The book starts off great and seems to define the fifth risk, which happens to be the title, but then, simply tells the tale of some people cut by..." Read more

~~Transition Team/Departments not at full staff/Management Problems~~
4 out of 5 stars
~~Transition Team/Departments not at full staff/Management Problems~~
First of all, I am neither a Democrat or Republican. I have always voted for the person I felt was the most qualified. Politics was never discussed in our family that I can remember. High school for me was in the early 60's so the times were difficult then. Assassinations of President Kennedy (1963) and his brother Robert in 1968. And, Martin Luther King, Jr was also killed before Robert Kennedy.I did enlist in the USN and retired as a Chief Petty Officer in 1991. I took my oath of enlistment seriously and politics was not discussed during my time in the USN.So, here I am 27 years later...and wondering what in the world is going on in our country. I am trying to understand what has happened to the moral compass in the US and the pure hatred and venom that is being spoken on both the Republican and Democratic side. Rancor, a lack of civility and derisive descriptions are everywhere. Respect has gone out the window. I like to remember the days of President Reagan and Speaker of the House Tip O'Neill. In 1980, it was a divided government and Tip said 'We will cooperate'.As an individual, I decided that I could educate myself more and have started reading political books. Hopefully, this will give me a clearer understanding of both sides of the aisle. So, I read with objectivity and a desire to learn.In Michael Lewis's latest 'The Fifth Risk', I found it to be a most informative read with behind the scene looks in the Departments of Commerce, Agriculture, Energy and State to mention a few. The fact that 2 million people are employed by the government sets the tone. He also states that 4000 of those are political appointees and 70% are working in national security.The transition team was nearly non-existent and the shortage of funding and staff are the most compelling problems as noted in Agriculture and Commerce. Management problems within the departments are common. And, some employees at State don't have clearances!To paraphrase a statement from the blurb that caught my attention...appointees were shockingly uninformed about the functions of their new workplace. This doesn't seem unusual to me after being employed at the Department of Agriculture for both Rural Development and Farm Service Agency. When the election of the President is of a different Party, the State Director for the USDA also changes. A political appointee which requires that individual to get up to speed in a minimum amount of time. As one might expect, some Directors were more difficult to work for than others.Definitely an eye opener for me which covered a lot of territory including climate change, weather forecasting, data removal and the electric grid. There was one statement concerning NOAA that didn't resonate with me. To paraphrase, NOAA used to have a link for weather forecasts. I still use that link every day to get my weather so that part must have changed.Will read more books to see if I can expand my horizons.Highly recommended.Note: Never was able to get this downloaded on my Kindle. Gave up and read it on the Amazon Cloud. (Second Picture)
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Top reviews from the United States

  • Reviewed in the United States on April 28, 2019
    Fifth Risk by Michael Lewis (W.W. Norton, October 2018, 221 pg., $26.95, $10.58) shows in example after example how willfully ignorant Trump employees in Federal agencies were and are, as well as how much hard work and knowledgeability are required to do a good job within the federal bureaucracy. Lewis introduces the reader to a cast of dedicated professionals who provide necessary information and services to keep America running chosen from three million governments employs and with whom President Donald J. Trump has been at war since his inauguration.

    Lewis is a story-teller who takes on interesting topics, spinning stories around them as his highly readable, informative narrative style draws the reader in, eventually capturing completely. He begins by showing us how unprepared and incurious the Trump minions were before introducing us to John MacWilliams, the first risk assessment officer of the Department of Energy. MacWilliams had prepared notebooks full of explanatory data and information about the job of DOE and the risks it oversaw, only to spend a few minutes with, of all people, the clueless Rick Perry, the former governor of Texas, who inhabits the position.

    Throughout the vast and dedicated bureaucracy, government civil service employees, upon learning that Donald J. Trump had somehow been elected President, swung into action. They prepared voluminous briefing books to prepare members of the new administration to understand and continue doing the jobs that provided crucial information and services to the American people. They expected to be swarmed with these appointees the day after the election….And no one came! When a few new agency heads showed up, they demonstrated a remarkable lack of curiosity about what their jobs entailed. Eighty-nine year old Wilbur Ross thought the Department of Commerce was devoted to business and could never grasp the breadth of services and information it provided. Curiosity and skill were absent. And so information essential to meeting the needs of every day Americans, particulalarly in the rural areas that won the election for Mr. Trump, were hollowed out...neutered and made totally ineffective by a President not interested in governing.

    The advantage of Lewis’ style of story-telling lies in his ability to take a general principle of which we’re all aware, in this case the two facts that Trump is sending unqualified hacks to lead the major divisions of the government and that the agencies are being hollowed out, denied money and qualified staff becomes real in his hand. We see directly through the eyes of dedicated employees the importance of many functions we’re not aware exist protect and inform, as well as how cutting off the top and denying funding hollow out the agencies, denying the recipients of their services essential protections and advice that agencies provide. By focusing on the Department of Agriculture and the Department of Energy, Lewis shows the breadth of their portfolio and the importance of the high quality people working for them. Replacing what Trump has so successfully destroyed, with the canny help of one of America’s most underrated disablers, Mick Mulvaney, will take a generation or more to rebuild once we rid ourselves of their depredations.

    The replacement of food scientist Dr. Cathie Wotecki with right wing political hack and talk show host Sam Clovis represents another example of removing expertise from important, but often quietly effective low-profile specialists with political people seeking to achieve political goals. The achievements of Wotecki during her time with FDA at the Department of Agriculture were monumental, and life
    saving. Clovis job was to shut down programs and eliminate the words “climate change” from government lexicon.

    The role of government in rural America hidden, by being administered through small banks, brings expertise and money into places where neither exists, while being hidden by local interests and their antipathy to what they see as “the government.” Lillian Salerno eventually ran for Congress as a Democrat as she became increasingly aware of the Trump strategy of replacing professionals with political appointees who had no expertise or interest in the areas where her specialization had helped strengthen rural areas. Simply a small example of the larger problem. She lost!

    Instead of re-visiting the depredations committed daily on the American people, the Tweeting, whining, self-promoting course of the Trump train wreck, Lewis takes the time to burrow into the inner workings of the crucial agencies and programs operated by the lower level political appointees and civil servants who make the wheels turn. Often, the recipients of government services don’t even know these services are sponsored and paid for by the government. Lewis shows how commitment, expertise, hard work, and dedication have built a system that actually delivers necessary services, improves the national health, protects the environment, and places needed checks on the damage often perpetrated by big money and large corporate interests. The results are a hollowing out of the inner workings of the government, hidden by bluster and mis-direction from the top. There’s no little irony in Lewis’s ending the book with the story of a tornado chaser, who has learned to follow behind storms to avoid being killed by the object of his studies.

    Michael Lewis is the author of a series of best-selling books mostly having, at least superficially, to do with sports and/or business (Liar’s Poker, Moneyball, Blindside, The Big Short) which have all been best sellers as illuminating changing aspects of our culture through his wonderful storytelling. Originally from New Orleans, and educated at Princeton and The London School of Economics, Lewis’ is 58 years old, and with Fifth Risk at the top of his game.

    In the beginning of Fith Risk by Michael Lewis (W.W. Norton, October 2018, 221 pg., $26.95, $10.58), Lewis chats at length with John Macwilliams, who has identified the five risks facing the government as the Trump administration sets and achieves its chaotic agenda. MacWilliams has identified four risks for Lewis, who finally asks him what the fifth risk is, to which MacWilliams responds, perhaps in a toneless, hopeless voice, “Project management.” This book is highly entertaining as well as “Must Reading!”
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  • Reviewed in the United States on February 24, 2019
    This was an interesting book. I like Lewis’ writing style. He is able to explain complicated details without getting bogged down by them. The first part of the book is a on Trump’s transition, the second on government management, and the third on government data.

    The story on the transition makes Trump seem somewhat crazy. Trump doesn’t want to prepare for the transition, he doesn’t want to spend money on it, and then he fires Christie, who was leading the transition, right after he wins the election. The result is that the people who should be taking over departments don’t show up when they should.

    I don’t know what to conclude from the transition stories. Lewis says in several places that the people in the agencies always see newcomers as uniformed about government. It seems natural that there will be added hostility to Trump’s appointees, And given that Trump didn’t prepare well for the transition, it’s not surprising that the transition is slow, but Lewis doesn’t provide many examples of problems resulting from the slow transition.

    Lewis also doesn’t provide many examples on the fifth risk--bad management. Lewis only spends about 20% of the book on this topic and this part of the book seems the weakest. He does a good job explaining how badly polluted the Hanford nuclear site is. He quotes a century and 100 billion dollars as the likely clean up requirements. Lewis says Trump is not thinking long term about the dangers Hanford, which is probably correct, but given the scope of the problem it’s hard to see many politicians coming to grips with it.

    The last part of the book is on government data. It focuses on NOAA weather data. The story describes the huge amounts of data gathered by NOAA and the great progress being made in using it to predict the weather. This is a good example, but it’s also a special one. "The Signal and the Noise" by Nate Silver has a chapter on weather prediction that helps put it in perspective. E.g., we can now use weather data to predict the weather in 5 or 10 days, but we can’t use geological data to predict earthquakes or data on NFL games to predict with much certainty which team will win the SuperBowl. Lewis tells an important story about NOAA, but I’m not sure that it applies to many other parts of the government.

    Lewis does a good job of making the point that many people in government are not properly appreciated. He describes many good people who care about their jobs and know much more than short-term political appointees will ever know. At times the people Lewis quotes are dismissive of people outside of government, which undermines Lewis’ argument by making government workers look out-of-touch. He quotes one person saying, “I can tell you that the market does not go into a lab and work on something that might or might not work.” Does this guy not realize that companies are always investing in new ideas that may or may not pay off? Lewis quotes someone else saying, “Without USDA money, it’s possible we’d look like sub-Saharan Africa, or rural China.” I trust that this guy was dedicated to his job, but he seems to have lost some perspective on the people he is trying to help.
    9 people found this helpful
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  • Sally81
    5.0 out of 5 stars Making Project Management Sexy Again ... or at least interesting.
    Reviewed in Canada on June 29, 2019
    This was a short, very quick read which is both uplifting and terrifying. This is a book about the regular work that the Federal government does which the wider public is not aware of. Crucial things like nuclear safety, scientific research and saving people’s lives every day without fanfare or thanks.

    I’d never thought that an ode to project management and the regular working of government could be poetic but this book provided me wrong. As the NY Times said:

    “Michael Lewis [made] a Story About Government Infrastructure Exciting

    Having lived through some PM snafus and as someone who works closely with public sector, I was predisposed to like this book. The book is short and very readable, like most of Mr. Lewis’ work. He manages to find the human heart behind some mundane (and some terrifying) situations. He has a simple style which keeps you engaged; this is highly recommended for everyone to read. It is also a good reminder that despite all the arguments about the proper role of the government, there are good hardworking people out there who just want to do the right thing.

    For that reminder alone I am giving this a 5 stars.
  • Marcos Luz
    4.0 out of 5 stars Easy Reading
    Reviewed in Brazil on January 5, 2019
    I didn’t get the purpose of this book. Is it a fairy tale? Is it an ideological attack against Donald Trump? Has it the intent of giving some information to the overall citizen about the width of some federal government programs and Departments? Probably yes, who knows? Despite these question marks and if you have spare time go on, read.
  • E. P.
    5.0 out of 5 stars Un tema che ti riguarda da vicino
    Reviewed in Italy on February 21, 2020
    Con il suo solito talento di spiegare con chiarezza e semplicità argomenti difficili, Lewis riesce a centrare tematiche che riguardano e fanno riflettere tutti.
  • Karan
    5.0 out of 5 stars Difficult to put down
    Reviewed in India on February 21, 2020
    Very good quality of paper.

    Don't really need to put to words on the quality of the book. Michael Lewis has yet again delivered top quality. Eye opening information. You feel like finishing it in 1 sitting
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    Karan
    5.0 out of 5 stars Difficult to put down
    Reviewed in India on February 21, 2020
    Very good quality of paper.

    Don't really need to put to words on the quality of the book. Michael Lewis has yet again delivered top quality. Eye opening information. You feel like finishing it in 1 sitting
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  • Bruno R.
    5.0 out of 5 stars Terrifiant !
    Reviewed in France on September 27, 2019
    Ce livre est passionnant et ... terrifiant ! Il présente les témoignages des personnes qui ont accompagné le passage de l'administration Obama à celle (mais existait elle au démarrage ?) de Trump. On peut alors se demander combien de temps les USA mettront pour se relever des dommages qui ont été créés par cette passation. Et il est même probable que certains points ne reviendront jamais à leur état initial. C'est une lecture très éclairante car beaucoup de gens n'ont aucune idée de ce qui s'est passé et se passe encore. Quel gâchis !